- Meme tokens Dogecoin and Shiba Inu have seen a nearly 10% addition to their prices in the past 24 hours.
- Reports suggest a new video call feature integration announcement on X could have spurred the rally.
- DOGE and SHIB have added a cumulative $1.2 billion in trade volume, up from $350 million on Monday.
Alongside a wider crypto market resurgence, meme coins Dogecoin and Shiba Inu have added impressive gains to their prices in the last 24 hours. CoinMarketCap data shows DOGE has added a nearly 10% gain, while SHIB has seen an 8% surge in prices during that period. The recent rise suggests that crypto traders have turned attention to two tokens amidst other factors.
Unlike Bitcoin, spurred on by rumors of a possible ETF approval in the US, the two tokens do not seem to have a stimulating catalyst behind their upward rally. However, many in crypto circles suggest that recent developments on X could have fueled the rise.
Notably, the social media platform on Thursday announced a video calling feature for premium users. Although DOGE and the feature on X have no clear ties, many people in the crypto community frequently make this type of connection — especia…
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